Jakarta – Indonesian President Prabowo Subianto has called on both domestic and international private sector players to take part in developing Indonesia’s national infrastructure, supported by an efficient and transparent investment environment.

“I now invite the private sector, both from within Indonesia and abroad, to participate as extensively as possible in our infrastructure development,” Prabowo stated during his closing speech at the 2025 International Infrastructure Conference at Jakarta Convention Center (JCC), Senayan, on Thursday (June 12).

Prabowo acknowledged that private sector entities hold advantages in efficiency, technology, and speed when it comes to construction and physical development. He also criticized state-owned enterprises (BUMN) for being bureaucratic and inefficient, often relying on capital injections through State Equity Participation (PMN).

“I recognize that in certain sectors, particularly in physical construction, private companies—including international firms—are often more modern, more efficient, and capable of delivering results on time while saving significant budgets,” he remarked.

To encourage private companies to actively invest in Indonesia’s infrastructure, Prabowo vowed to create a safe and conducive investment climate.

“For domestic and foreign private companies to be interested, the government must simplify their work processes,” he asserted.

Prabowo noted that his administration’s early fiscal efficiency policies had created sufficient budgetary space for development projects. Additionally, Danantara, Indonesia’s sovereign investment fund, serves as an additional financial instrument to support infrastructure projects.

“If we invite collaboration with private or foreign entities, we must do so with confidence. The government will invest a certain percentage—not by simply asking for shares, but by contributing real, tangible funds. I believe this will provide comfort to our foreign partners,” Prabowo explained.

“We now have Danantara, which is ready to invest in infrastructure projects. We are on the brink of a major transformation,” he concluded.